Restricted Cash

3 Months Ended

Mar. 31, 2021

Cash and Cash Equivalents [Abstract]

The following table provides a reconciliation of cash, cash equivalents and restricted cash total as presented in the consolidated statement of cash flows for the periods presented (in thousands):


	March 31, 2021		December 31, 2020
Cash and cash equivalents	$	92,467	$	86,907
Restricted cash - current	9,127		9,127
Restricted cash - long term	4,987		7,176
Cash, cash equivalents and restricted cash	$	106,581	$	103,210

As of March 31, 2021 and December 31, 2020, as part of "Restricted cash - current," we had $8.9 million of cash restricted solely for the purpose of future quarterly dividend payments on our Series A Cumulative Perpetual Preferred Stock (see detailed discussion in Note 5 below under "Preferred Stock") and $0.2 million of cash held in escrow. Also, included as part of "Restricted cash - long term" as of March 31, 2021 and December 31, 2020 were $4.5 million and $6.7 million, respectively, of cash restricted solely for the purpose of future quarterly dividend payments on our Series A Cumulative Perpetual Preferred Stock, as wells as $0.4 million in each of the respective periods relating to a letter of credit required as part of our corporate headquarters office lease and $0.1 million in each of the respective periods relating to cash balance required under our 2024 Notes.